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SupraOracles partners with DeFinity to bring decentralized technology to FX markets

Updated: Apr 19, 2022

SupraOracles will be partnering with DeFinity with the shared vision of employing cutting edge technology to empower digital and traditional financial markets. Created by foreign currency & liquidity platform DMALINK and blockchain firm WeOwn, DeFinity is a decentralized exchange that supports digital and traditional FX, as well as real-time clearing in spot FX. DeFinity is also uniquely positioned to support a highly anticipated and inevitably important invention – the CBDC (central bank digital currency).


Source


https://supraoracles.com/news/supraoracles-partners-with-definity-to-bring-decentralized-technology-to-fx-markets/





DeFinity decided to partner with SupraOracles for its secure, accurate, and fast price feeds. FX markets leave no room for error, and SupraOracles will ensure data accuracy without compromising on speed and security. As DeFinity and its creators develop and test new ideas, features, and products, SupraOracles will be ready to adjust and innovate to ensure smooth launches and transitions.


Manu Choudhary, CEO and Co-founder of DeFinity, said, “Market data is the lifeblood of our company, and we are very excited to partner with SupraOracles, to help us secure the oracle layer.”


Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented: “DeFinity is an exciting project that brings value to decentralized and traditional financial markets. The creators of the project, DMALINK and WeOwn, have respectable expertise that will strengthen DeFinity’s long term strategy.”


About SupraOracles

SupraOracles strives to bridge the gap between traditional capital markets and the Web3.0 ecosystem. Our vision and driving mission is to empower the developer community with a novel oracle toolset so that they may conveniently create, deploy, and manage data applications with superior performance, robustness, and agility.


Our project is supported by seasoned professionals with experience in the architecture of consensus mechanisms, randomness research, real-time data services, investment banking, digital securities, traditional stock exchanges, big data, doctoral academia, big 4 consulting, blockchain/DLT, and DeFi.


Together with our developer community and growing list of partners, SupraOracles aims to solve the oracle dilemma and ultimately, power the future of finance.


Join SupraOracles’ community: Website | Twitter | Telegram | LinkedIn | Announcements | Medium


About DeFinity

DeFinity is a financial technology firm powered and owned by DMALINK and WeOwn, specialising in traditional and digital FX, which is designing a decentralised exchange, using smart contracts, with a focus on real-time clearing. Harnessing the power of decentralisation within a strong regulatory framework, the firm is specifically geared towards the future support of central bank digital currencies and decentralised financial services for FX.



 
 
 

Commentaires


Trading services, liquidity solutions and advanced algo execution tools are available to those meeting the Professional Clients definition in the EU Markets in Financial Instruments Directive (“MiFID II”) and in compliance with local law and regulation. 

 

DeFinity Markets Limited is a VASP regulated business under the rules of the Mauritius Financial Services Commission. DMALINK Jersey Limited is registered in Jersey under JFSC VASP rules. The settlement agent is a fully regulated entity in either of those jurisdictions as outlined in the Platform Agreement.
 
None of the information made available through definitymarkets.com should be construed as providing any type of investment or other advice, nor should it be considered as solicitation, recommendation, endorsement or offer to purchase or sell any financial security or other financial instrument including digital assets. Anyone wishing to invest in any of the products outlined on definitymarkets.com or any online or offline marketing material, provided by us, should seek independent financial or professional advice.

 

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. A good rule of thumb is not to invest more than 10% of your money in high-risk investments. Read more.
 
DeFinity Markets Limited not provide any of its services or solutions to retail clients as categorised under (MiFIDII).Our ACCEPTABLE USE POLICY is available online. Our CDD, AML, CFT Procedures are available online at definitymarkets.com/procedures.
 
The brand "DeFinity Markets" is Trademark protected under the Trade Markts Act 1994. DeFinity and all other DMA LINK LIMITED product or service names are registered trademarks or trademarks of DMALINK Group Companies in the United Kingdom and other countries. Other brand and product names are trademarks of their respective companies.
 

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